Indian Hotels (India) Market Value
| INDHOTEL | 799.05 12.25 1.56% |
| Symbol | Indian |
Indian Hotels 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Indian Hotels' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Indian Hotels.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Indian Hotels on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding The Indian Hotels or generate 0.0% return on investment in Indian Hotels over 30 days. Indian Hotels is related to or competes with Reliance Industries, Indian Oil, HDFC Bank, Divis Laboratories, Indo Borax, Kingfa Science, and Alkali Metals. Indian Hotels is entity of India. It is traded as Stock on NSE exchange. More
Indian Hotels Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Indian Hotels' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess The Indian Hotels upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.69 | |||
| Information Ratio | 0.14 | |||
| Maximum Drawdown | 9.41 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 4.35 |
Indian Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indian Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indian Hotels' standard deviation. In reality, there are many statistical measures that can use Indian Hotels historical prices to predict the future Indian Hotels' volatility.| Risk Adjusted Performance | 0.1534 | |||
| Jensen Alpha | 0.395 | |||
| Total Risk Alpha | 0.1193 | |||
| Sortino Ratio | 0.1719 | |||
| Treynor Ratio | (6.88) |
Indian Hotels Backtested Returns
Indian Hotels appears to be very steady, given 3 months investment horizon. Indian Hotels holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Indian Hotels, which you can use to evaluate the volatility of the firm. Please utilize Indian Hotels' Risk Adjusted Performance of 0.1534, market risk adjusted performance of (6.87), and Downside Deviation of 1.69 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Indian Hotels holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of -0.0566, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Indian Hotels are expected to decrease at a much lower rate. During the bear market, Indian Hotels is likely to outperform the market. Please check Indian Hotels' value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Indian Hotels' current trending patterns will revert.
Auto-correlation | -0.44 |
Modest reverse predictability
The Indian Hotels has modest reverse predictability. Overlapping area represents the amount of predictability between Indian Hotels time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Indian Hotels price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Indian Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 702.28 |
Indian Hotels lagged returns against current returns
Autocorrelation, which is Indian Hotels stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Indian Hotels' stock expected returns. We can calculate the autocorrelation of Indian Hotels returns to help us make a trade decision. For example, suppose you find that Indian Hotels has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Indian Hotels regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Indian Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indian Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indian Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Indian Hotels Lagged Returns
When evaluating Indian Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indian Hotels stock have on its future price. Indian Hotels autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Indian Hotels autocorrelation shows the relationship between Indian Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in The Indian Hotels.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Indian Stock
Indian Hotels financial ratios help investors to determine whether Indian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Indian with respect to the benefits of owning Indian Hotels security.